Laserfiche WebLink
Minutes of the Regular Meeting of Council <br />Monday, August 20, 2012 <br />Page 9 <br />. Motion to authorize ezpenditure in an amount not to exceed $6,000.00 to Gaeta <br />Interiors, Inc. for painting of the steeple at Civic Center. <br />Mrs. Mills, seconded by Dr. Parker, made a motion to authorize expenditure in an amount not to <br />exceed $6,000.00 to Gaeta Interiors, Inc. for painting of the steeple at Civic Center. <br />Council President Buckholtz asked if there was any discussion. There was none. <br />Roll Ca11: AYES: All <br />NAYS: None <br />Motion Carried <br />Expenditure Authorized <br />Motion to acknowledge receipt of financial reports for July 2012 and to <br />approve of same as submitted. <br />Mrs. Mills, seconded by Mr. Delguyd, made a motion to acknowledge receipt of financial <br />reports for July 2012 and to approve of same as submitted. <br />Council President Buckholtz asked if there was any discussion. <br />Mr. Wynne stated, you might have noticed in the report that our tax collections for the month of <br />July exceeded last year's by about $448,000. Part of this was an increase, but most of it was the <br />result of a timing difference. We had three collection periods during the month of July of this <br />year where we only had two last year. You will see next month for the month of August we only <br />have two collection periods this year and we had three last year, so about $448,000 will flip next <br />month. The good news is on the year to date basis, after taking into consideration August's <br />collections, we are about $100,000 ahead of where we were last year. Last year was a bantier <br />year. I didn't even think we are going to be in the ballpark of last year's numbers. To me that <br />was not possible. We are exceeding it right now. We are in excellenf shape as far as tax <br />collections go. <br />On the expense side, expenses are about a half million dollars higher this time this year than last <br />year. The large part of that is the front end funding of the MERP program as part of the medical <br />plan for the employees. As you know from the reports from Doug, we have an awful lot of <br />capital projects going on right now in the Village. A lot of the additional cost there had to do <br />with some of the front end work needed from an engineering standpoint to get those projects off <br />the ground. That's where the majority of the money is being spent. <br />Council President Buckholtz stated, nice job on that report. Any other questions or comments? <br />There were none. <br />Roll Call: AYES: All Motion Carried <br />NAYS: None Receipt of Financial Reports <br />for July 2012 Acknowledged <br />and Authorized